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  • $34,500,000
    City:
    San Diego
    Zip Code:
    92131
    Lot size:
    40 Acres

    Nestled in the Northeastern portion of Scripps Ranch are 40 acres of prime real estate that represent one of the last remaining in-fill parcels in the City of San Diego. Surrounded by homes and a community park on the East side, a development at this location would be attractive to any buyer looking to live in a highly desirable area of San Diego. The community has shown support for a multi-family development located on the property.

  • $32,000,000
    City:
    Vista
    Zip Code:
    92084
    Lot size:
    3.51 Acres

    Welcome to our premier commercial residential income property, featuring 45 newly built units completed in 2022. These spacious townhomes offer contemporary living with a bright and airy great room style on the first floor, showcasing modern kitchens, luxurious hard surface flooring, and expansive living areas. Upstairs, residents will find two bedrooms, including a primary suite boasting a large dual walk-in closet and private bathroom. Each townhome comes equipped with a two-car garage and essential appliances such as a refrigerator, stove, dishwasher, microwave, washer/dryer, and central air conditioning. ****Additionally, this property presents a unique opportunity with an adjacent lot (.7 Acre) included in the transaction, offering potential for expansion with up to 8 additional units and/or parking availability necessary to convert existing 2 bedroom units into 3 bedroom units.

  • $25,000,000
    City:
    Rancho Santa Fe
    Zip Code:
    92067
    Lot size:
    80 Acres

    The land is actually 80 ac (not 40 ac as shown on MLS), comprising two 40 ac legal parcels, Ocean ; mountain views, horses OK, 7 miles to beaches, surfing ; fishing, 2 hrs. to ski, best weather. Areas of super rich. 15 minutes to Bill Gates’ 3 homes in Rancho Santa Fe ; Del Mar, Gates’ most recent purchased home in Del Mar is $43M (Goggle Gates house in Del Mar). This land is ideal for a supper rich to build 1 or 2 secluded grand mansions, or subdividing the land. The land is in highly rated Rancho Santa Fe School District and San Dieguito High School District. Has a ongoing pending 40 estate lots San Diego County Tentative Map subdivision application, but owner temporary voluntary suspended it due to health reason. Buyer could reactivate the 40 estate lots Tentative Map subdivision application with the San Diego County (see attached 40 lots drawing). Alternately, build one or two family homes or mansion now, and concurrently lobbing San Marcos City counsel members for annexing into the City, subdividing the 80 ac into a 100 or 200 city lots subdivision (see attached drawing of 132 City lots proposal). Successful annexing the land into San Marcos City for city lots could triple the land value, in comparing to remaining with San Diego County for a 40 estate lots subdivision. Can deliver the land with an San Diego County approved Tentative Map, but at a higher price. The land is located in Elfin Forest area of San Diego County (not in Rancho Santa Fe), Elfin Forest abuts Rancho Santa Fe, Encinitas, Carlsbad and San Marcos (see attached Goggle map). A mile away, newer homes

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  • $17,000,000
    City:
    San Diego
    Zip Code:
    92101

    The Carnegie Apartments offer a unique blend of vintage charm and modern amenities, making it a standout property in the heart of San Diego. Thoughtfully and artfully redesigned, current ownership has taken meticulous care in redesigning the building’s exterior and interior charm. Having commissioned local artists to live in the building and to create one-of-a-kind art installations, the building has been reborn while maintaining its original charm. Recently updated with a five-year-old roof and a new main water heater, the asset is very well-maintained. Moreover, it is equipped with cutting-edge technology, featuring both Cox and Google Fiber capabilities, ensuring seamless connectivity for residents. Situated equidistant from Little Italy, Banker’s Hill, and the Marina District and adjacent to the Gaslamp Quarter and Petco Park, this property is strategically positioned to attract discerning tenants seeking a vibrant urban lifestyle. The East Village location not only enhances the property’s appeal but also places it in proximity to major cultural and entertainment hubs.

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  • $15,000,000
    City:
    Fremont
    Zip Code:
    94536
    Lot size:
    2.04 Acres

    2+ acre residential zoned lot in the heart of Fremont contains a 2800 sqft historical home, work and storage sheds, and mature trees. Fremont Unified School District: Vallejo Mills Elementary, Centerville Middle School, Washington High School

  • $14,490,000
    City:
    San Diego
    Zip Code:
    92109

    We are excited to introduce two extensively renovated 10-unit apartment buildings located in the Pacific Beach neighborhood of San Diego. Surf House Pacific Beach, situated at 1468 Hornblend St, comprises three 2-bedroom/1-bathroom units, six 1-bedroom/1-bathroom units, and one studio/1-bathroom unit. The apartment building adjacently located at 1478 Hornblend St is currently going through an extensive rehab job, and is expected to be completed in March of 2024. 1478 Hornblend St is an identical layout as 1468 with the exception that it will include one extra roof deck, 3 extra private yards, an additional bathroom in one of the two bedroom units and two extra parking spaces. These newly available properties feature a luxurious and contemporary design with top-tier finishes.

  • $13,550,000
    City:
    Carlsbad
    Zip Code:
    92008

    Cherry Apartments is located in the desirable beach community of Carlsbad, California. This 17-unit apartment investment was built in 1959 and consists of 14 one-bedroom/one-bath units, 1 two-bedroom/one-bath house, and 2 non-conforming studios. These units are located on three adjoining parcels. The property amenities include off-street parking, lush tropical landscaping, small yards/patios in select units, balconies, and on-site laundry. The interiors feature gas appliances and dual-pane windows. There are storage closets in the carport area and ocean views from some of the units. The property has been well maintained and professionally managed and shows a true pride of ownership. The property’s proximity to the ocean is a great draw for potential renters and results in premium rental rates for each unit. The location of the property is less than 1/2 a block from one of the most desirable beaches in Southern California. It is also a short distance to restaurants, premier shopping malls, and major employers. The Cherry Apartments is a rare investment asset that will provide future appreciation opportunities and steady cash flow for years to come. There are several opportunities for an investor looking to add value: * Remodel and update the interiors of the units and raise rents by $300/$400 per unit. * Remodel the units in rent some or all as short-term vacation rentals. * Scrape the existing structures and build 8 multi-million dollar townhomes * Leave as is and enjoy future appreciation due to the proximity to the beach.

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  • $13,500,000
    City:
    Imperial Beach
    Zip Code:
    91932
    Lot size:
    1.54 Acres

    The Sussex Gardens Apts is a true pride of ownership 53 unit community with significant value add potential via new more proactive Management. There are 36-1Bed units of various floorplans, 16-2Bed units with two separate floorplans and a detached 3Bed house on Ivy Lane (same parcel) totaling 53 current leased units. Current ownership has kept rents significantly under market while nearly half of the units have been remodeled in the last few years with new wood cabinets, flooring, quartz countertops, new vanities, paint, ceiling popcorn removal among other upgrades. Common area amenities include ample parking, a clubhouse, pool, 8-garages and a large laundry room with owned equipment that produces significant extra monthly income. Ownership is charging extra rent for select extra parking spaces and pet rent. ADU possibilities exist from the current clubhouse, a bonus storage unit on the front upper level of the property and 8 detached garages on the West side of the property.

  • $13,500,000
    City:
    Oceanside
    Zip Code:
    92056
    Lot size:
    43.53 Acres

    Outstanding North County Residential Development Opportunity This is a rare opportunity to acquire approximately 43 acres of prime developable land in Oceanside, California. The property is contiguous to the San Diego Trolly Station in Oceanside near Oceanside Blvd. Planning and Pre-development meetings with the Oceanside Planning Department have concluded that the property may yield between 64-189 housing units. This stunning 43 acres expanse is in the heart of South Oceanside. This outstanding opportunity is just north of Mira Costa College and is contiguous to the Oceanside Coaster Depot stop. It is just blocks from the Oceanside VA clinic and only a couple of miles from South Oceanside beach. It’s proximately to interstate 78, interstate 5 and Costco makes it an ideally located infill project. The current owners commissioned engineering plans and density studies with three highly respected planning firms to determine feasibility, density and primary engineering placement to determine the highest and best use of this site. This property is raw with conceptual plans to build between 64–189 dwelling units. City officials at the recent developers conference were supportive of a proposed development during a preliminary development meeting of increased density due to numerous supporting factors. This prime property is one of the last remaining vacant available parcels within the city limits of Oceanside. Condo prices near this area have recently sold from $800,000 to more than $1,000,000

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  • $13,280,000
    City:
    San Diego
    Zip Code:
    92109
    Lot size:
    0.19 Acres

    In the heart of Pacific Beach and walkable to countless neighborhood assets, this fully leased brand new construction elevator mid-rise built in 2023 with exceptional parking is a rare find in a bustling coastal community. Mix includes 18x 2 bed/2baths, 2x 1 bed/1bath, and 1x commercial retail space. Building has secure entry, lobby/mail room, elevator, garage with 21 parking spaces including 2 EV chargers, bike storage, and refuse room. Apartments feature quartzite countertops, in-unit laundry, central heat & AC, vinyl flooring, balcony(s), and stainless steel appliances. Apartment utilities are metered separately and paid by tenants. Building is FULLY LEASED & move-ins are currently underway. New construction exemption from AB 1482 rent control applies. Low maintenance design and built by a highly reputable local builder who has built over 5,000 units! *Price reflects outright sale, but Seller is also willing to sell 49% interest and retain 51%. There is currently a $4.8m loan on the property at 4.5% interest.* **Cost segregation study recently completed, which will provide an additional $1.28M in depreciation for 2024. Building is solar-ready, which is estimated to provide $25k in revenue/year if installed along with additional tax credits. Documentation is available upon request.**  4.00% Cap Rate | 17.37 Gross Rent Multiplier.

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